Business Analyst

Cantor Fitzgerald Securities; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A financial services company in London is looking for an experienced Business Analyst. The role involves creating functional requirements for regulatory reporting platforms, engaging with upstream system owners, and performing support related to surveillance. Candidates should have a minimum of 5 years' experience, strong attention to detail, and proficiency in SQL and data analysis. This position is crucial for ensuring compliance with regulatory requirements while optimizing business processes.

Qualifications

• 5 years minimum experience as a business analyst, ideally in the tech space.
• Experience with SQL and ability to query databases.
• Experience of regulatory reporting regimes such as CFTC, NFA, or SEF.

Responsibilities

• Creating functional requirements for new regulatory requirements.
• Working with development teams to ensure requirements are understood.
• Defining scope of testing and validating test results.

Skills

Business analysis

Agile methodologies

Waterfall methodologies

SQL

Data analysis

Ability to write complex functional requirements

Attention to detail

Knowledge of regulatory reporting regimes

Experience with JSON and XML schemas

Job description

Job Description

Key responsibilities include:

• Creating functional requirements for the development of new regulatory requirements, such as strategic reporting and surveillance platforms
• Creating functional requirements for enhancements and fixes to the strategic reporting and surveillance platforms
• Creating functional requirements for migration of the reporting logic currently accommodated by other legacy applications onto the strategic reporting platform
• Engaging upstream system owners where changes are required for regulatory reporting purposes

Performing some BAU support tasks related to surveillance/regulatory reporting, including:

• Defining the current state, data flows, what rules are in place and how we meet the existing regulations across each asset class
• Understanding the future state model which will involve a migration onto our strategic platforms
• Interpreting the changes to regulation and detailing the impact on our data flow/tech stack
• Documenting the requirements and working with upstream source system providers to ensure they meet their obligations
• Working closely with Business Analysts, Operations and Business Change teams in articulating and defining requirements
• Working with development teams to ensure requirements are understood
• Defining scope of testing, working with testers, validating test results
• Supporting the existing applications, assisting in diagnosis and resolutions of issues

Responsibilities

Suitable candidates will have:

• 5 years minimum experience of being a business analyst, ideally in the tech space
• Ability to write complex functional requirements in both agile and waterfall methodologies
• Experience with JSON and XML schemas
• Experience of regulatory reporting regimes, such as CFTC, NFA, SEF, and awareness of upcoming changes
• Experience or knowledge of any surveillance platforms
• Strong attention to detail
• Experience with SQL and the ability to query databases
• Experience of data analysis/data mapping and familiarity with data schemas
• Knowledge of transaction lifecycle

Nice to Have

• Experience of EMEA regulatory reporting regimes, such as MiFID, EMIR, and awareness of upcoming changes
• Experience of working with reference data related to transaction reporting
• High level understanding of the IDB market and capital markets in general
• Experience with the architecture of third-party reporting services, such as DTCC